Uncategorized
The Enforcement Directorate (ED) to attach properties of Unitech wireless and Swan Telecom allegedly involved in 2G scam . ED presented a fresh status report, giving the Supreme Court, an updated account of its investigation. The ED has told the Supreme Court that it will ‘attach’ the properties of companies within 2 months. “The properties [...] Continue Reading »
The land agency clarified that it was coincidence that all five members are from Jain families and their father’s name is also the same. But they do not belong to the same family. With BJP alleging that five members of a family were allotted flats under the Delhi Development Authority (DDA) housing scheme 2010, the [...] Continue Reading »
Upcoming luxury housing to turn ECR into playground of the rich. ECR also has scores of upcoming small villa projects. But even they are priced between 1 crore and 2 crore, putting them out of the reach of the middle class. The super rich have always headed down the East Coast Road (ECR) for entertainment [...] Continue Reading »
The Gurgaon district administration issued a show cause notice on Friday to all property dealers in the city who have not registered themselves so far. Under the Haryana Regulation of Property Dealers Consultants Act of 2008, it is mandatory for all individuals/companies dealing in real estate to get themselves registered with the district administration. Registered [...] Continue Reading »
New norms for high-rise buildings will stop developers from changing their plans. The new guidelines makes it mandatory for builders to submit a final plan before seeking approval. Learning lessons from the Adarsh housing scam, the Mumbai state high rise committee has framed new guidelines that make it mandatory for builders to submit a final [...] Continue Reading »
Residents of Suncity Apartments launched Signature campaign against the builder. Residents of Suncity Apartments and members of the Suncity Apartments Owner’s Association (SAOA) launched a signature campaign against the builder last Saturday. President of the SAOA, AK Singh spoke on the various unfulfilled promises by the builder. He said, “We have been sending letters to [...] Continue Reading »
Amid higher costs, slow demand and regulatory hurdles, many builders in the country’s hottest property market-Mumbai, are inserting new clauses to palm off some of the uncertainties to buyers. The allotment letters given to home buyers contain clauses like provisions for cost escalation, project abandonment, inability to commence construction, and also eventuality of non-disbursal of [...] Continue Reading »
Residents of 5th Cross in Domlur Layout staged a ‘Rashta Roko‘ or road-block near the bakery against rash driving by cab drivers.”Daily almost 200 cabs pass this road making it impossible for residents to move around. Most of the drivers drive rashly.” says a resident. Recently, a five-year-old girl was hit by a car. After [...] Continue Reading »
To reduce the plastic menace, the Brihanmumbai Municipal Corporation (BMC) has proposed to impose a ‘green tax’ on manufacturers of plastic. The tax will be collected by the sales tax department on behalf of the BMC and then deposited to the BMC. According to the proposal, the manufacturer has to recollect the plastic product and [...] Continue Reading »
The Brihanmumbai Municipal Corporation (BMC) sold the 105 lakh kg of seized plastic bags to a private firm for Rs 25 lakh for recycling them to make thick plastic bags. The BMC had seized plastic goods products thinner than 50 microns in raids and stored them in 24 godowns across the city. After the deluge [...] Continue Reading »
